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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Fuelcell Energy (FCEL) Debt to Equity (2016 - 2026)

Fuelcell Energy (FCEL) has disclosed Debt to Equity for 17 consecutive years, with $0.03 as the latest value for Q1 2026.

  • Quarterly Debt to Equity fell 3.43% to $0.03 in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $0.03 through Jan 2026, down 3.43% year-over-year, with the annual reading at $0.02 for FY2025, 1.03% down from the prior year.
  • Debt to Equity hit $0.03 in Q1 2026 for Fuelcell Energy, up from $0.02 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $0.03 in Q3 2025 to a low of $0.01 in Q3 2023.
  • Historically, Debt to Equity has averaged $0.02 across 5 years, with a median of $0.02 in 2022.
  • Biggest five-year swings in Debt to Equity: crashed 63.44% in 2022 and later surged 75.06% in 2025.
  • Year by year, Debt to Equity stood at $0.02 in 2022, then decreased by 24.7% to $0.01 in 2023, then surged by 65.96% to $0.02 in 2024, then decreased by 1.03% to $0.02 in 2025, then rose by 7.05% to $0.03 in 2026.
  • Business Quant data shows Debt to Equity for FCEL at $0.03 in Q1 2026, $0.02 in Q4 2025, and $0.03 in Q3 2025.